HatomPrice

(HTM)

Hatom Protocol is a comprehensive liquidity hub built on the MultiversX network. It serves as a core decentralized finance (DeFi) primitive, providing essential infrastructure for the ecosystem. Rather than being a simple lending platform, Hatom integrates multiple services including a lending and borrowing protocol, liquid staking solutions, and a native stablecoin ecosystem. It acts as a foundational pillar for liquidity, enabling users to maximize the utility of their assets across the MultiversX blockchain through a secure and integrated interface.

The HTM token is the native utility and governance token of the Hatom ecosystem. Its primary functions include governance, where holders can vote on protocol parameters and new asset listings. Furthermore, HTM is used for revenue sharing, allowing stakers to receive a portion of the protocol's generated fees. Users can also utilize the Booster module by staking HTM to enhance their interest rates on other supplied assets. The token is designed with a multi-year vesting schedule to ensure sustainable ecosystem growth and alignment between stakeholders and the protocol's development.

Hatom Liquid Staking allows users to stake their EGLD tokens and receive sEGLD in return. Unlike traditional staking, sEGLD is a reward-bearing token that captures staking rewards over time, meaning its value increases relative to EGLD. This mechanism provides immediate liquidity, as users can use sEGLD within other DeFi applications or swap it back to EGLD through decentralized exchanges without waiting for the standard unbonding period. This product optimizes capital efficiency by allowing users to earn staking rewards while maintaining the ability to participate in other liquidity opportunities simultaneously.

Hatom USD (USH) is the native over-collateralized stablecoin of the Hatom ecosystem. It is designed to maintain a stable value by being backed by a diversified basket of high-quality crypto assets, including EGLD, HTM, and WBTC. Users can mint USH by depositing these approved assets as collateral. The over-collateralization mechanism ensures that the value of the backing assets remains significantly higher than the amount of USH issued, providing a safety buffer. This stablecoin serves as a reliable medium of exchange and a unit of account within the MultiversX DeFi landscape.

Through a strategic partnership with Bittensor, Hatom has introduced the TAO Bridge, allowing users to migrate TAO tokens to the MultiversX network. Once bridged, users can participate in TAO Liquid Staking, a unique feature that brings the utility of the Bittensor network to the MultiversX ecosystem. This interoperability allows TAO holders to earn rewards and utilize their assets within Hatom's lending and borrowing modules. It represents a significant step in cross-chain collaboration, expanding the range of assets available to users for liquidity and yield-enhancing activities.

Security is a fundamental priority for Hatom Protocol. It is recognized as one of the most rigorously audited projects within the MultiversX ecosystem, having undergone over 20 professional security audits by industry-leading firms such as PeckShield and Halborn. These audits cover the protocol's smart contracts, lending logic, and liquid staking mechanisms. Additionally, the protocol utilizes Health Factors to manage liquidation risks, ensuring that the system remains solvent even during market volatility. This transparent approach to security aims to provide a robust and reliable environment for all participants.